The Approvia Score
How we score
First, a partner has to fit: it accepts your industry, your monthly volume is in its range, it supports how you take payments, and it clears our desk's minimums for approval fit and service. Partners that fit get four scores from 0 to 100.
- Approval fit
- How well the partner's appetite fits your business: your industry, time in business and chargeback history.
- Speed
- The partner's typical days to approve and to fund.
- Service
- Our desk's disclosed assessment of the partner, with the date we made it, a short note and links to public reviews.
- Price
- Only when partners have quoted: 100 × the lowest estimated monthly cost ÷ this quote's cost, so the cheapest quote scores 100.
Your weights
The score is a weighted average. You set the weights with sliders, each between 5% and 80%, and we scale them to add up to 100%. Higher-risk industries start with approval fit weighted highest. Scores within 2 points of each other show as tied; ties are ordered by estimated cost, then service.
Quotes and estimates
Quotes come from the partners and are subject to their underwriting. We show the terms the partner certified, an estimated effective rate as a range, and savings only when we have audited one of your statements.
What a partner pays Approvia is never an input to the score.